The building, constructed in 1968, functioned as a training center and dormitory for Braniff Airways’ flight attendants until it was converted into a retirement community known as Park Gate. Park Gate closed in 2015.

“We are seeing an influx of investors, both locally and on a national scale, purchasing infill Dallas properties due to the strong fundamentals and increasing density,” Sheard said. “Investors are targeting properties like the Wycliff asset, to be strongly positioned to capitalize the rising market trends in the urban core of Dallas.”

Noetic Inc. leased 11K SF of warehouse space in Royal Freeport in Irving from Royal FP LLC. Bradford Commercial Real Estate Services’ Michael Spain and Jason Finch represented the landlord, while Stream Realty Partners’ Jeff Rein represented the tenant. The property is located at 4343 West Royal Lane in Irving.